Putnam Closed-End Funds Announce Distribution Rates
ByAinvest
Tuesday, Jul 8, 2025 8:05 am ET1min read
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The sources of the distributions are estimated to be a combination of net investment income, short-term capital gains, and return of capital. For example, the Putnam Premier Income Trust is estimated to pay $0.0161 per share from accumulated net investment income, $0.0020 per share from short-term capital gains, and $0.0079 per share as a return of capital [2].
The announcement comes amidst a period of strong market performance, as indicated by Franklin Templeton's preliminary month-end assets under management (AUM) of $1.61 trillion at June 30, 2025, compared to $1.57 trillion at May 31, 2025 [3]. However, this was partially offset by preliminary long-term net outflows of $1 billion, including $4 billion at Western Asset Management.
Investors are encouraged to consult the fund's websites for more detailed information, including full holdings and top 10 holdings, which will be available monthly [2]. For further updates, investors can visit the Investor Relations and News Center sections of Franklin Templeton's website.
References:
[1] https://finance.yahoo.com/quote/PPT/
[2] https://www.nasdaq.com/press-release/franklin-templeton-announces-distribution-rates-putnam-closed-end-funds-2025-07-08
[3] https://finance.yahoo.com/news/franklin-resources-inc-announces-preliminary-194500177.html
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Franklin Templeton has announced distribution rates for its Putnam Closed-End Funds. The funds include Putnam Master Intermediate Income Trust, Putnam Managed Municipal Income Trust, Putnam Municipal Opportunities Trust, and Putnam Premier Income Trust. Distributions range from $0.0220 to $0.0393 per share and are payable on July 31, 2025. The sources of the distributions are estimated to be a combination of net investment income, short-term capital gains, and return of capital.
Franklin Templeton has announced distribution rates for its Putnam Closed-End Funds, including Putnam Master Intermediate Income Trust, Putnam Managed Municipal Income Trust, Putnam Municipal Opportunities Trust, and Putnam Premier Income Trust. The distributions are scheduled to be payable on July 31, 2025, with rates ranging from $0.0220 to $0.0393 per share [2].The sources of the distributions are estimated to be a combination of net investment income, short-term capital gains, and return of capital. For example, the Putnam Premier Income Trust is estimated to pay $0.0161 per share from accumulated net investment income, $0.0020 per share from short-term capital gains, and $0.0079 per share as a return of capital [2].
The announcement comes amidst a period of strong market performance, as indicated by Franklin Templeton's preliminary month-end assets under management (AUM) of $1.61 trillion at June 30, 2025, compared to $1.57 trillion at May 31, 2025 [3]. However, this was partially offset by preliminary long-term net outflows of $1 billion, including $4 billion at Western Asset Management.
Investors are encouraged to consult the fund's websites for more detailed information, including full holdings and top 10 holdings, which will be available monthly [2]. For further updates, investors can visit the Investor Relations and News Center sections of Franklin Templeton's website.
References:
[1] https://finance.yahoo.com/quote/PPT/
[2] https://www.nasdaq.com/press-release/franklin-templeton-announces-distribution-rates-putnam-closed-end-funds-2025-07-08
[3] https://finance.yahoo.com/news/franklin-resources-inc-announces-preliminary-194500177.html
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